Delta Investment Management LLC Invests $2.05 Million in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Delta Investment Management LLC purchased a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 76,890 shares of the company’s stock, valued at approximately $2,048,000. Delta Investment Management LLC owned 1.18% of Direxion HCM Tactical Enhanced U.S. ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Capital Management Inc. grew its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 20.4% during the 4th quarter. Howard Capital Management Inc. now owns 4,888,350 shares of the company’s stock worth $130,188,000 after acquiring an additional 828,668 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 9.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 751,948 shares of the company’s stock worth $17,870,000 after purchasing an additional 67,951 shares in the last quarter. Brookstone Capital Management lifted its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 27.9% during the 4th quarter. Brookstone Capital Management now owns 566,123 shares of the company’s stock worth $15,076,000 after purchasing an additional 123,616 shares in the last quarter. CPR Investments Inc. lifted its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 26.0% during the 4th quarter. CPR Investments Inc. now owns 243,369 shares of the company’s stock worth $6,481,000 after purchasing an additional 50,263 shares in the last quarter. Finally, GTS Securities LLC purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF during the 3rd quarter worth about $1,346,000.

Direxion HCM Tactical Enhanced U.S. ETF Price Performance

Shares of HCMT opened at $28.92 on Friday. The stock’s 50-day simple moving average is $29.77 and its 200 day simple moving average is $27.14. Direxion HCM Tactical Enhanced U.S. ETF has a 52-week low of $22.82 and a 52-week high of $31.31.

Direxion HCM Tactical Enhanced U.S. ETF Company Profile

The Direxion HCM Tactical Enhanced US ETF (HCMT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that toggles between a 200% leveraged US equity position and a 100% investment to cash or cash equivalents based on a proprietary tactical indicator that identifies broad trends in the US equity markets.